China’s Manufacturing Growth At 8-Month Low

China’s manufacturing activity expanded at the slowest pace in eight months in July as export orders declined the most in more than two years, survey results from IHS Markit showed Wednesday. The Caixin Purchasing Managers’ Index fell to 50.8 in July from 51.0 in June. Although the indicator remained above the neutral 50.0, the score suggested the weakest growth since November 2017.